1,720,987 research outputs found
Do ESG strategies enhance bank stability during financial turmoil? Evidence from Europe
Full text linkThis paper investigates the joint and separate effects of Environmental (E), Social (S), and Governance (G) scores on bank stability. Using a sample of European banks operating in 21 countries over 2005–2017, we find that the total ESG score, as well as its sub-pillars, reduces bank fragility during periods of financial distress. This stabilizing effect holds strongly for banks with higher ESG ratings. These results are confirmed by a differences-in-differences (DID) analysis built around the introduction of the EU 2014 Non-Financial Reporting Directive (NFRD). Our evidence also reveals that, in times of financial turmoil, the longer the duration of ESG disclosures, the greater the benefits on stability. Finally, we show that the ESG–bank stability linkages vary significantly across banks’ characteristics and operating environments. Our findings are robust to selection bias and endogeneity concerns. Overall, they support the regulatory effort in requiring an enhanced disclosure of non–financial information
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Full text link“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Full text linkWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Investment strategies of institutional investors: an international comparison of Sovereign Pension and Social Security Reserve Funds
No full textThe crisis induced severe adverse effects on profitability, growth and stability of the financial sector. At the same time, Sovereign Wealth Funds (SWFs) have increased in numbers and in the global role of their investment activities, despite within a highly heterogeneous sector. The aim of this paper is to assess the impact of a specific implicit or explicit retirement scope on investment strategies and portfolios of such entities. Based on a sample of 12 Sovereign Pension Reserve Funds (SPRFs) and Social Security Reserve Funds (SSRFs), we analyze the effects of size, operational model, country development, fund’s experience and quality of disclosures on the strategic asset allocation for the period 2007 2012. Moreover, we investigate the impact of the financial crises and to relevance of the ‘home-bias’ issue for both groups. Our results suggest a less aggressive asset allocation and a higher level of home investments for SSRFs, where funding relies on contributions from participants triggering more external scrutiny and despite SPRFs may express additional
domestic strategic goals than retirement. We find also a more aggressive asset allocation in emerging markets but no evidence of effects on the home-bias. Finally, we do not find major shifts in asset allocation induced by the financial crisis; instead, we report weak evidence of a reduced home-bias in more recent years, especially after the triggering of the sovereign debt crisis
Dispelling the Myths Behind First-author Citation Counts
Full text linkWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
Una sfida per "diventare grandi": l'educazione finanziaria
No full textLe famiglie, nel preparare i giovani all’età adulta, affrontano sempre più spesso argomenti “tabù”: la politica, la religione, la sessualità… ma non quello della gestione del denaro, del risparmio, dell’indebitamento, dell’investimento. Chi oggi diventa indipendente è dotato di strumenti tali da garantire una piena cittadinanza economica? Cosa resta da fare?Alberto Dreassi è Professore Associato presso l’Università di Trieste, dove insegna Economia degli Intermediari Finanziari, Financial Markets and Institutions e Tecnica Bancaria
koamabayili/VECTRON-author-checklist: VECTRON author checklist
No full textWe have done our best to complete the author checklist relating to the use of animals in the hut study. Note that the objective for the hut study was to evaluate the IRS treatment applications for residual efficacy against Anopheles mosquitoes, including the local An. coluzzii mosquito population. Cows were only used to attract mosquitoes into the huts and no tests were carried out directly on the cows. The author checklist is intended for use with studies where experiments are carried out on animals, which is why we have had such difficulty in completing this for the hut study, as many of the questions do not relate to how the cows were used
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